Rentokil Initial (LON:RTO) Given Buy Rating at Jefferies Financial Group

Rentokil Initial (LON:RTO)‘s stock had its “buy” rating reissued by Jefferies Financial Group in a research note issued to investors on Friday, Digital Look reports. They currently have a GBX 370 price target on the stock. Jefferies Financial Group’s price objective would indicate a potential upside of 17.13% from the company’s current price.

A number of other research analysts have also recently commented on RTO. JPMorgan Chase & Co. cut their price target on shares of Rentokil Initial from GBX 477 to GBX 431 and set an “overweight” rating on the stock in a report on Friday, July 31st. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Rentokil Initial from GBX 465 to GBX 405 and set a “hold” rating for the company in a research note on Monday, August 3rd. Citigroup lowered their price target on Rentokil Initial from GBX 575 to GBX 550 and set a “buy” rating for the company in a report on Friday, July 31st. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 480 price objective on shares of Rentokil Initial in a research note on Friday, September 18th. Five research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Rentokil Initial has a consensus rating of “Moderate Buy” and an average price target of GBX 433.25.

Rentokil Initial Trading Up 1.4%

RTO traded up GBX 4.40 during trading hours on Friday, reaching GBX 315.90. 8,029,590 shares of the company’s stock traded hands, compared to its average volume of 32,421,025. The firm has a 50-day moving average price of GBX 329.65 and a 200 day moving average price of GBX 410.95. Rentokil Initial has a 52-week low of GBX 293.50 and a 52-week high of GBX 507. The company has a quick ratio of 1.76, a current ratio of 1.06 and a debt-to-equity ratio of 110.37. The firm has a market capitalization of £7.95 billion, a PE ratio of 16.75, a PEG ratio of 0.56 and a beta of 0.41.

About Rentokil Initial

Rentokil Initial plc, together with its subsidiaries, provides route-based services in North America, the United Kingdom, rest of Europe, Asia, the Pacific, and internationally. It offers a range of pest control services for rodents, and flying and crawling insects, as well as other forms of wildlife management for commercial customers. The company provides hygiene services, including the provision and maintenance of products, such as soap and hand sanitizer dispensers, hand dryers, air care and purification, cubicle and surface sanitizers, feminine hygiene units, toilet paper dispensers, and floor protection mats.